Skanska builds campus Albano in Stockholm for about SEK 1.3 billion

Skanska has signed a contract with Akademiska Hus to build three houses, consisting of research and university premises, to campus Albano, Stockholm. The contract is worth about SEK 1.3 billion, which will be included in the order bookings for Sweden for the fourth quarter of 2018.

Campus Albano shall become a scientific hub that connects Stockholm University and the Royal Institute of Technology (KTH) with each other as well as with the city and will form a sustainable campus with educational and office environments for students, teachers and researchers.

Skanska will build three houses, of 65,000 square meters, which will accommodate new university premises for Stockholm University. Construction starts immediately and will go on for three years.

“Skanska and Akademiska Hus have collaborated for many years in many projects, most recently Biomedicum in Solna. It is gratifying that we have once again gained the confidence to continue our cooperation. In this collaborative project, we will now proceed with the implementation of Albano houses 1, 2 and 4 in the new university campus”, says Bengt Staaff, Regional Manager, Skanska Sweden.

The development of campus Albano takes place in harmony with nature, taking great account of biodiversity. The goal is to become a model for sustainable urban development.

“Campus Albano is in the absolute forefront when it comes to sustainability,” says Hayar Gohary, Project Director, Akademiska hus.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska offers services in public-private partnerships. Skanska had sales of about SEK 65 billion and more than 15,000 employees in its Nordic operations during 2017.

For further information please contact:

Bengt Staaff, Regional Manager, Skanska Sverige, tel +46 (0)10 448 12 33

Patric Elmén, Acting Head of Media Relations, Skanska AB, tel +46 (0)10-449 31 34

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.